Mary L. G. Theroux is Chairman of the Board of Directors, and Chief Executive Officer, of the Independent Institute. Having received her A.B. in economics from Stanford University, Ms. Theroux is Managing Director of Lightning Ventures, L.P., a San Francisco Bay Area investment firm, and Vice President of the C.S. Lewis Society of California. She is former Chairman and a life Member of the Advisory Board of the San Francisco Salvation Army and is the Chairman of the Alameda County Salvation Army. She served on the National Advisory Board of The Salvation Army from 2003-2022.

Lawrence J. McQuillan is a Senior Fellow and Director of the Center on Entrepreneurial Innovation at the Independent Institute. He received his Ph.D. in economics from George Mason University, and he has served as Chief Economist at the Illinois Policy Institute, Director of Business and Economic Studies at the Pacific Research Institute, Research Fellow at the Hoover Institution, and Founding Publisher and Contributing Editor of Economic Issues. He lives in Fremont, California.

Adam B. Summers is a former Research Fellow at the Independent Institute. He previously worked as an editorial writer and columnist at the Orange County Register and its ten sister newspapers in the Southern California News Group, and a Senior Policy Analyst at the Reason Foundation.